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Iran says it is ready to weather the new wave of U.S. sanctions as the Trump administration
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threatens to squeeze not just Tehran, but countries and companies that keep doing business with it
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Treasury Secretary Scott Besant on Monday unveiled new sanctions targeting digital assets
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gold, aviation technology and shipping, part of what the administration is calling
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Operation Economic Outcast. Besson also warned countries and companies that continue doing
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business with Iran that they could face penalties of their own, including being cut off from the U.S
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dollar system. Iran says it has been preparing for the new sanctions for a long time and is ready
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to face them. The new restrictions also reach into daily life, affecting some money sent from the
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United States to family members in Iran, while sports and academic exchanges have been suspended
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And the U.S. is tightening the screws on the Strait of Hormuz. Vessels and companies that comply with Iranian demands for information while traveling through the strait
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could now face U.S. penalties, on top of existing penalties for paying Iranian tolls
